Sioux Falls Real Estate Blog

March 16th, 2009 2:43 PM

Nick Kiesow from Wells Fargo Home Mortgage forwarded us this GOOD Sioux Falls Housing News today  -- these statistics put our local real estate market in perspective (we're gearing up for an active Spring season!) 

--Approximately 30% of all U.S. Homes are owned free-and-clear and do not even have a Mortgage.

--Of the 70% of Households that do have a Mortgage, 96.7% are not in Foreclosure.

--Over 50% of all Foreclosures nationwide are in 3 states (California, Florida, & Michigan) and in 2 cities (Las Vegas & Phoenix).

Pam Kneip // HJN Team Real Estate // Sioux Falls, SD // pam@gregkneip.com

 


Posted by Client Care on March 16th, 2009 2:43 PMPost a Comment (0)

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